Acquiring Company
Room Mate
Acquired Company
Staying Valencia
Description
Room Mate Hospitality & Leisure, S.L. has announced the acquisition of Staying Valencia, a strategic move that expands Room Mate Hotels’ presence across Spain and strengthens its foothold within Valencia, Spain’s third-largest city. This aligns with Room Mate Hotels’ expansion strategy, supported by TPG Angelo Gordon and Westmont Hospitality, and sets the stage for the integration and rebranding of the acquired properties into the Room Mate Hotels family.
Quick answer
Room Mate is acquiring Staying Valencia, announced July 3, 2024. Room Mate is based in Madrid, Community Of Madrid, Spain.
- How much did Room Mate pay for Staying Valencia?
- The deal value was not disclosed.
- What does Room Mate do?
- Room Mate Hospitality & Leisure, S.L. is a leading lifestyle hotel brand and lease management company headquartered in Madrid.
- Where are Room Mate and Staying Valencia based?
- Room Mate is based in Madrid, Community Of Madrid, Spain. Staying Valencia is based in Valencia, Valencian Community, Spain.
Source: Fundz verified event record.
Other recent acquisitions in Hospitality and Hotel
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Stonebridge Companies Expands Third-party Management Platform Through Acquisition Of Real Hospitality Group (May 22, 2024)
- NUMA Group acquires UK’s Native Places to accelerate European expansion (July 9, 2024)
- Caesars Entertainment, Inc. Completes Acquisition of Michigan iGaming Operations from Wynn Resorts (June 18, 2024)
- South Street Partners and TPG acquire The King and Prince Beach & Golf Resort on St. Simons Island (August 13, 2024)
- Whitsons Culinary Group completes acquisition of Arbor Management, Inc. to enhance culinary services (August 12, 2024)
- Towne Park Acquires Majority Stake in Unified Parking Partners (August 5, 2024)
Who to call at Room Mate, and when
When Room Mate changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Room Mate raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Room Mate, from your own LinkedIn network
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Frequently asked
Who acquired Staying Valencia?
Staying Valencia was acquired by Room Mate, based in Madrid. The deal was reported on July 3, 2024. Room Mate Hospitality & Leisure, S.L. is a leading lifestyle hotel brand and lease management company headquartered in Madrid. Room Mate is privately held.
When did Room Mate acquire Staying Valencia?
Room Mate's acquisition of Staying Valencia was reported on July 3, 2024. Room Mate Hospitality & Leisure, S.L. has announced the acquisition of Staying Valencia, a strategic move that expands Room Mate Hotels’ presence across Spain and strengthens its foothold within Valencia, Spain’s third-largest city. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Staying Valencia do?
Staying Valencia is a portfolio of boutique hotels and aparthotels in Valencia, including 10 boutique properties such as the award-winning Helen Berger. It is privately held, operating in Hospitality, and is based in Valencia.
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